Brief: China Oriental Sees Decrease In Net Profit For Year By About 45% To 65%

China Oriental

19/02/2021 10:05

Feb 19 (Reuters) - China Oriental Group Co Ltd  0581.HK :
    * SEES DECREASE IN NET PROFIT FOR YEAR BY ABOUT 45% TO 65%
    * EXPECTED RESULT DUE TO INCREASE IN PRODUCTION COST OF
GROUP DUE
TO RISING PRICE OF RAW MATERIALS
    * SEES NOTABLE DECREASE IN BOTH GROSS PROFIT AND NET PROFIT
FOR FY

Source text for Eikon:  ID:nHKSFxlCr 
Further company coverage:  0581.HK 

 ((Reuters.Briefs@thomsonreuters.com;))